Consumer Rights

IRS : Rescind $7.25 Million Equifax Contract

The Internal Revenue Service has awarded Equifax a contract to verify the identities of taxpayers. The IRS (meaning, our tax dollars) will pay Equifax $7,250,000 for this service.In September 2017, Equifax revealed that it had not been keeping customer data safe. The Social Security numbers of 145 million Americans - nearly half of the country - had been exposed by hackers. Several top executives at Equifax sold $1.8 million worth of shares before news of the breach was made public. All three may face charges for insider trading.The IRS wants to hand over even more of your data to Equifax.

To IRS:

Equifax has already endangered the personal information of 145 million Americans by leaving our data vulnerable to hackers. The company has proven itself to be untrustworthy. Millions of people have had their social security numbers exposed, and then watched Equifax executives profit from their insider knowledge at our expense.

The IRS should have serious reservations about working with this company. Instead, it awarded Equifax a no-bid contract. Equifax did not have to compete with any other corporation for this contract, and now the IRS wants to pay Equifax $7.25 million to verify taxpayer identities.

As an American concerned about personal rights and data security, I ask you to rescind the Equifax contract in light of the company's recent drastic errors.

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